[QUOTE=ExpatNick;67513]
Quote:
Originally Posted by Dotty
Dotty, a recent post from you states "...plus the added taxes to take money out 17%+...".
Admittedly I'm only just beginning to look at the possibility of investing in Brazil, but I have never heard of this "repatriation tax" before - could you elaborate by any chance?
Many thanks in advance,
Nick.
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Hi Nick,
Unless it is a new tax that only Dotty knows about or made up, she means CGT which is 15% and added to that currency exchange costs.
You can get tax credits for the CGT in most countries as well.
Regards,
Rob.